LAW FOR INCENTIVES TO THE MARITIME INDUSTRY WILL BE PROPOSED BEFORE THE NATIONAL ASSEMBLY.

A draft law creating a special tax incentive, labor and migration regime for maritime financing entities and companies that carry out fundable maritime projects, according to Cabinet Resolution No. 7, published in the Official Gazette, will be proposed to the National Assembly by the minister of the presidency, Álvaro Alemán. The  minister Alemán introduced the […]

Panama will grow 5.9% this year, according to ECLAC

THE ECONOMIC COMMISSION FOR LATIN AMERICA AND THE CARIBBEAN (ECLAC) ESTIMATES THAT THE PANAMANIAN ECONOMY WILL GROW 5.9% IN 2015, EVEN IF THE AUTHORITIES ESTIMATE 6.0% After Panama, countries such as Bolivia, Nicaragua and the Dominican Republic, with growth of 5%, followed by Paraguay (4.2%), Peru (4.2%) and Guatemala (4%). The non-financial public sector (NFPS) […]